Ent Credit Union Mortgage Rates, Fees & Info

Colorado Springs, CO

LEI: 6GK3WNTSHBNJOVP1LV97

Tax ID: 84-0470451

5 stars - out of 5 stars, based on 119 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Ent Credit Union is a small credit union specializing in Home Purchase, Refi, and Cash Out Refi loans. Ent Credit Union has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Colorado Springs, Denver, Pueblo, Fort Collins, and Greeley among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ent Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Ent Credit Union is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 7.28% 11/26/22
    30 Year Conventional Purchase 6.66% 11/26/22
    30 Year Conventional Refi 6.76% 11/26/22
    30 Year Cash-out Refi 6.91% 11/26/22
    30 Year FHA Purchase 7.32% 11/26/22
    30 Year FHA Refi 7.03% 11/26/22
    30 Year VA Purchase 6.24% 11/26/22
    30 Year VA Refi 6.18% 11/26/22
    15 Year Conventional Purchase 5.80% 11/26/22
    15 Year Conventional Refi 5.91% 11/26/22
    15 Year Cash-out Refi 5.91% 11/26/22
    15 Year FHA Refi 5.90% 11/26/22
    15 Year VA Purchase 5.84% 11/26/22
    15 Year VA Refi 5.85% 11/26/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    14,164

    Origination Dollar Volume (All Markets)

    $2,739,530,000
    Show all (29) awards

    Relative Rate

    Ent Credit Union's average 30 year fixed mortgage rate was 2.9%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.25%.

    Relative Fees (Closing Costs)

    Ent Credit Union's average total fees/closing costs for a 30 year fixed rate mortgage were $3,743.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    COLORADO SPRINGS, CO (FHA|USDA|VA) 9,194 $1,800,230,000 $195,805 $3,104 3.51%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2,442 $501,620,000 $205,414 $3,188 3.68%
    PUEBLO, CO (FHA|USDA|VA) 1,410 $217,300,000 $154,113 $3,012 3.58%
    FORT COLLINS, CO (FHA|USDA|VA) 257 $53,815,000 $209,397 $2,977 3.59%
    Outside of Metro Areas 226 $42,910,000 $189,867 $3,027 3.36%
    GREELEY, CO (FHA|USDA|VA) 232 $38,730,000 $166,940 $3,163 3.92%
    Cañon City, CO (FHA|USDA|VA) 176 $28,040,000 $159,318 $3,170 3.48%
    BOULDER, CO (FHA|USDA|VA) 114 $24,030,000 $210,789 $3,173 3.72%
    Breckenridge, CO (FHA|USDA|VA) 25 $11,515,000 $460,600 $3,754 3.11%
    Steamboat Springs, CO (FHA|USDA|VA) 9 $5,435,000 $603,889 $4,949 3.22%
    GRAND JUNCTION, CO (FHA|USDA|VA) 26 $5,240,000 $201,538 $2,928 3.30%
    Edwards, CO (FHA|USDA|VA) 15 $4,215,000 $281,000 $7,535 3.48%
    Glenwood Springs, CO (FHA|USDA|VA) 13 $3,165,000 $243,462 $3,272 3.23%
    Fort Morgan, CO (FHA|USDA|VA) 6 $1,120,000 $186,667 $1,757 3.62%
    Montrose, CO (FHA|USDA|VA) 10 $920,000 $92,000 $2,287 3.58%
    Durango, CO (FHA|USDA|VA) 6 $910,000 $151,667 $2,663 3.60%
    Sterling, CO (FHA|USDA|VA) 3 $335,000 $111,667 $1,843 4.08%
    Ent Credit Union's top markets include Colorado Springs, Denver, Pueblo, Fort Collins, and Greeley among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Ent Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Grand Valley Bank
    Similarity Rank: 182
    SunWest Credit Union
    Similarity Rank: 235
    COLORAMO
    Similarity Rank: 284
    PREMIER MORTGAGE SERVICES, INC.
    Similarity Rank: 756
    The District Federal Credit Union
    Similarity Rank: 882
    AVENTA Credit Union
    Similarity Rank: 930
    U S WIDE FINANCIAL LLC
    Similarity Rank: 1344
    DENVER COMMUNITY
    Similarity Rank: 1540
    Red Rocks Credit Union
    Similarity Rank: 1830
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 1984

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 7,399 $744,795,000 $100,662 n/a 4.27%
    Conventional 5,760 $1,656,630,000 $287,609 $2,590 2.81%
    VA 764 $270,530,000 $354,097 $5,469 2.47%
    FHA 241 $67,575,000 $280,394 $7,174 2.69%

    For 2021, Ent Credit Union's most frequently originated type of loan was HELOC, with 7,399 originations. Their 2nd most popular type was Conventional, with 5,760 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 3,865 $410,235,000 $106,141 $0 4.32%
    Home Improvement 2,962 $249,140,000 $84,112 $0 4.25%
    Home Purchase 2,507 $914,175,000 $364,649 $3,699 3.01%
    Refi 2,507 $571,485,000 $227,956 $2,172 2.76%
    Cash Out Refi 2,323 $594,495,000 $255,917 $3,503 2.82%

    For 2021, Ent Credit Union's most frequently cited loan purpose was Other, with 3,865 originations. The 2nd most popular reason was Home Improvement, with 2,962 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 5,955 $605,135,000 $101,618 $3,058 4.36%
    30 Year 4,757 $1,536,635,000 $323,026 $3,743 2.90%
    Other 1,911 $293,205,000 $153,430 $0 3.65%
    15 Year 1,390 $271,870,000 $195,590 $1,138 2.34%
    10 Year 151 $32,685,000 $216,457 $1,467 2.31%

    For 2021, Ent Credit Union's most frequently cited loan duration was 20 Year, with 5,955 originations. The 2nd most popular length was 30 Year, with 4,757 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 4,478 $1,278,810,000 $285,576
    $1k-2k 905 $236,225,000 $261,022
    $2k-3k 445 $141,365,000 $317,674
    $3k-4k 240 $77,230,000 $321,792
    $5k+ 185 $83,325,000 $450,405
    $4k-5k 136 $49,360,000 $362,941

    Ent Credit Union's average total fees were $3,743, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 4,478 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 5,959 $995,605,000 $167,076
    2.5-3% 3,354 $1,042,790,000 $310,909
    <2.5% 2,000 $501,040,000 $250,520
    4-5% 1,665 $135,835,000 $81,583
    5-6% 819 $44,195,000 $53,962
    6-7% 367 $20,065,000 $54,673

    During 2021, Ent Credit Union's average interest rate for loans was 2.90%, while their most frequently originated rate bucket for loans was 3-4%, with 5,959 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 4,944 $260,110,000 $52,611 $1,143 4.33%
    $200k-400k 4,101 $1,152,175,000 $280,950 $3,398 3.01%
    $100k-200k 3,736 $530,890,000 $142,101 $1,905 3.37%
    $400k-600k 1,088 $510,010,000 $468,759 $4,325 2.87%
    $600k-1MM 249 $182,365,000 $732,390 $5,528 2.88%
    $1MM+ 46 $103,980,000 $2,260,435 $4,332 2.97%

    2021 saw Ent Credit Union place emphasis on $100,000 or less loans with 4,944 originations, totaling $260,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3,607 $703,985,000 $195,172 $3,281 3.60%
    $50k-75k 2,677 $445,725,000 $166,502 $2,990 3.43%
    $75k-100k 2,661 $488,565,000 $183,602 $3,179 3.55%
    $150k-250k 2,544 $539,250,000 $211,969 $3,496 3.73%
    $50k or less 1,521 $191,745,000 $126,065 $2,518 3.34%
    $250k+ 917 $244,205,000 $266,309 $3,983 3.72%

    Ent Credit Union lent most frequently to those with incomes in the $100k-150k range, with 3,607 originations. The second most popular income band? $50k-75k, with 2,677 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 3,488 $648,050,000 $185,794 $2,679 3.45%
    30-36% 2,479 $470,065,000 $189,619 $2,904 3.53%
    <20% 1,683 $280,995,000 $166,961 $2,024 3.34%
    50-60% 829 $135,315,000 $163,227 $7,675 3.97%
    42% 492 $112,040,000 $227,724 $3,192 3.51%
    44% 456 $96,050,000 $210,636 $3,665 3.64%
    38% 429 $85,205,000 $198,613 $3,089 3.60%
    41% 429 $86,645,000 $201,970 $3,328 3.58%
    37% 416 $82,740,000 $198,894 $3,060 3.58%
    36% 410 $80,300,000 $195,854 $3,007 3.52%
    43% 406 $83,140,000 $204,778 $3,654 3.64%
    40% 398 $80,630,000 $202,588 $3,529 3.59%
    39% 396 $79,060,000 $199,646 $2,893 3.54%
    49% 352 $78,220,000 $222,216 $3,744 3.48%
    45% 349 $68,355,000 $195,860 $4,261 3.78%
    47% 343 $66,215,000 $193,047 $3,699 3.78%
    46% 337 $66,195,000 $196,424 $3,597 3.73%
    48% 320 $66,340,000 $207,313 $3,792 3.69%
    >60% 138 $21,790,000 $157,899 $6,025 4.00%

    Ent Credit Union lent most frequently to those with DTI ratios of 20-30%, with 3,488 originations. The next most common DTI ratio? 30-36%, with 2,479 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 11,417 $2,155,575,000 $188,804 $3,083 3.55%
    Not provided 1,738 $333,630,000 $191,962 $3,025 3.51%
    Asian 354 $82,110,000 $231,949 $3,483 3.40%
    Black 377 $69,925,000 $185,477 $3,853 3.68%
    Not applicable 8 $50,160,000 $6,270,000 $0 3.43%
    American Indian 192 $36,800,000 $191,667 $3,090 3.63%
    Native Hawaiian or Islander 37 $6,715,000 $181,486 $3,117 3.74%
    Asian Indian 19 $2,745,000 $144,474 $0 3.95%
    Chinese 4 $780,000 $195,000 $0 4.93%
    Filipino 7 $285,000 $40,714 $0 4.67%
    Other Pacific Islander 4 $280,000 $70,000 $0 4.55%
    Korean 2 $170,000 $85,000 $0 4.49%
    Vietnamese 2 $140,000 $70,000 $0 4.49%
    Other Asian 2 $130,000 $65,000 $0 5.12%
    Japanese 1 $85,000 $85,000 $0 3.99%

    Approval Rates

    Total approvals of all applications
    89.01%

    Ent Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.94%

    Ent Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 14,164 $2,739,530,000 $193,415

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    14,164 $2,739,530,000 $193,415

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2,888 $407,950,000 $141,257 $1,363 3.57%
    40-60% 2,121 $487,155,000 $229,682 $2,300 3.02%
    60-80% 2,554 $850,130,000 $332,862 $3,617 3.03%
    80-100% 1,814 $678,080,000 $373,804 $3,717 2.82%
    Over 100% 67 $31,065,000 $463,657 $15,979 2.48%
    Under 20% 4,689 $275,625,000 $58,781 $968 4.36%